https://www.taxtmi.com/caselaws?id=190331 The article examines whether share transactions can be split between trader and investor treatment, and whether gains from shares held for more than a month but less than a year qualify as short-term capital gain while shares held for less than a month are taxable as business profit. It also addresses whether a specified sum should be assessed as long-term capital gain instead of business income. The matter resulted in admission of the appeal and framing of substantial questions of law for consideration. en-us Mon, 14 Mar 2016 00:00:00 +0530 Mon, 13 Feb 2017 09:57:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190331 The article examines whether share transactions can be split between trader and investor treatment, and whether gains from shares held for more than a month but less than a year qualify as short-term capital gain while shares held for less than a month are taxable as business profit. It also addresses whether a specified sum should be assessed as long-term capital gain instead of business income. The matter resulted in admission of the appeal and framing of substantial questions of law for consideration. Case-Laws Income Tax Mon, 14 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190331